Plenitude Berhad Makes Debut On Main Board, Kuala Lumpur Stock Exchange

Plenitude Berhad made its debut on the Main Board of the Kuala Lumpur Stock Exchange on 18 November 2003.

The Plenitude Berhad public issue consists 33,750,000 new ordinary shares of RM1.00 each at an issue price of RM1.60 per ordinary share comprising:
· 1,000,000 new ordinary Shares of RM1.00 each available for application by eligible employees of Plenitude Berhad and its subsidiaries;
· 4,750,000 new ordinary Shares of RM1.00 each available for application by the Malaysian public

Plenitude Berhad’s core business is property development. Its three main subsidiaries, namely Plenitude Holdings Sdn Bhd, Sepang Permai Sdn Bhd and Sin Yik Development Sdn Bhd are involved with projects in Johor Bahru, Puchong and Sungai Petani respectively.
Plenitude Berhad sees this investment as a source of recurring income for the Group.